Analysis of 1,127 records from Elon Musk’s DOGE commission reveals $8.5 billion in claimed federal budget cuts across 39 agencies in its first month.
USAID has been hit hardest with $6.5 billion in cuts, followed by the Department of Education at $502 million and Social Security Administration at $232 million.
However, questions remain about the commission’s reporting accuracy and the timeline over which these “savings” would actually occur.
Original Source: Yahoo Finance
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485 Lexington Avenue, Suite 304 New York, NY 10017
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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